Retirement & Pension Planning Services Ltd

Retirement & Pension Planning Services Ltd was a financial advice firm based in Barnsley.

It is currently in liquidation and was declared in default by the FCSC in October 2021.

In 2018 Retirement & Pension Planning Services Ltd were named as one of ten advice firms who voluntarily agreed to drop their pension transfer permissions following the fallout of the British Steel Pension Scheme saga.

British Steel Pension Scheme Claims

British Steel Pension Scheme members were faced with a decision about what to do with their pensions following a restructure of the scheme. This left many vulnerable to unsuitable pension transfer advice.

Transferring from a defined benefit pension scheme like BSPS into a private pension plan or SIPP meant a loss of valuable and irreplaceable benefits.

Transfers of this nature are generally only suitable in certain circumstances and a lot of pension mis-selling has occurred due to unsuitable transfer advice.

Many former BSPS members are now claiming compensation for mis-selling.


FCA Fine Retirement & Pension Planning Services Ltd

In August 2021 the FCA published a notice that they had provisionally fined Geoffrey Edward Armin of Retirement and Pension Planning Services £1.2m.

In the regulators’ notice, Mr Armin was described as ‘seriously incompetent’ for advising 422 customers on the transfer of their safeguarded pension benefits from a Defined Benefit Pension Scheme into an alternative pension arrangement (personal pension).

This included 183 members of the BSPS, 174 of whom transferred out of the scheme following Mr Armin’s Personal Recommendation.

The notice also said “Mr Armin failed to obtain information that was necessary to assessing whether a Pension Transfer was suitable for a customer. In addition, he largely disregarded vital information about customers which was necessary to assess whether it was suitable for them to transfer their pension…”

Mr Armin is planning to appeal against the decision to the Upper Tribunal.

Can I make a claim against Retirement and Pension Planning Services?

If you received pension advice from Retirement and Pension Planning Services and that advice is proven to be unsuitable then you may be able to make a claim for compensation.

Want to know more about making a claim?

If you are concerned about the advice you received from Retirement and Pension Planning Services and want to check if you may have been mis-sold – we offer a free initial consultation.

Whilst each case is individual, as pension mis-selling specialists we know to look for certain signs that in our experience indicate that mis-selling may have happened.

Our assessment is free and there’s absolutely no obligation to use our service if you have case.

See what our clients have to say about our service on Trustpilot.

Key Facts

They are one of several advice firms linked to the British Steel Pension Scheme saga.
The firm is currently in liquidation and was declared in default by the FCSC in October 2021.

We win more than 9 out of 10 claims

The cost of our service is 15% + VAT on the total monies awarded for a successful claim. Our cost is also priced capped at one of the lowest rates.

Rodders Hewitt
Pension Claim Consulting Ltd ...have for me done a great job ...within the expected time scale ...Couldn't have asked for more
Phil C
Thank you to all at PCC. My claim was managed brilliantly and was successful. I can highly recommended their services. Thank you once again
Christopher Fraser
After identifying a concern regarding my pension, I sought advice from Pension Claim Consulting. The response and customer service was swift and amazing. The courtesy and care taken throughout the whole process was phenomenal. The consultant’s communication from start to finish filled me with confidence that PCC do exactly what they state and were on hand whenever required. The level of understanding, empathy for the frustrations, and patience is by far the best I’ve witnessed. I cannot thank PCC enough for their outstanding work ethic and dedication to customers/clients. If you have any concerns at all regarding your pension, then I would highly recommend that you get in touch with them.
Andy Yates
Fantastic service, so impressed with Pension Claims Consulting. None stop updates throughout and everyone who works there was so helpful and supportive in every way. Thank you so much for getting my pension back.
Robert Manningham
Pension Claim Consulting Ltd successfully won a case on my behalf following misguided advice I received in relation to my pension. They were most proactive in the process and kept me fully informed every step of the way. I have no hesitation in recommending their services.
Deanamo 84
Very professional, very thorough and very good at what they do. Always at the end of the phone or email for any questions at anytime throughout the process. I can’t recommend them enough.
Roger King
Pension Claim Consulting managed to reclaim some of my pension by constantly chasing the company that fraudulently took my money. I though that I had lost everything. I cannot thank them enough on recovering some of my pension back.
Susan Stringer
Excellent standard of service. The claim was protracted substantially by virtue of opponents trying hard to not accept any responsibility for their actions and not return the pension fund. PCC kept me fully informed throughout the process, obtained an excellent result for me.They also kept chasing the opponent when little action was taking place from them. The staff were always pleasant and helpful to deal with and very encouraging when I felt my claim was doomed to failure. I can not praise highly enough
Paul Wilshaw
Very professional and informative from the beginning of our 5 year relationship. They talked me through every step of the process with what to expect. I would recommend Pension Claim Consulting to anyone who wants an honest and professional service.
Bill Cass
Great team and they will get the best outcome they can always kept informed the process took a longtime not because of anything pension claims consulting did purely the pension sip provider playing games i would 110% recommend this company to pursue your claim without doubt best thing i have done they didn't give up on my claim even though I had given up on any good outcome however finally resolved and paid thank you pension claim consulting
Important Information!

You are not required to use our services to pursue your claim. You can also seek further advice or shop around subject to any time limits within which a claim must be made.

It is possible for you to present the claim for free, either to the firm or person against whom you wish to complain or to the statutory ombudsman (Financial Ombudsman Service or Pension Ombudsman Service) or the Financial Services Compensation Scheme, whichever is applicable to your claim.